Establishing business and occupation and public utility tax credits for small business employers providing maritime trade educational assistance.

 H-2796.2

HOUSE BILL 2398

State of Washington

69th Legislature

2026 Regular Session

By Representatives Richards, Low, Valdez, Shavers, Nance, and Reed

Read first time 01/13/26. Referred to Committee on Finance.

AN ACT Relating to establishing business and occupation and public utility tax credits for small business employers providing maritime trade educational assistance to employees who are employed aboard or servicing United States flagged vessels; adding a new section to chapter 82.04 RCW; adding a new section to chapter 82.16 RCW; creating a new section; and providing expiration dates.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. A new section is added to chapter 82.04 RCW to read as follows:

(1) Beginning January 1, 2027, a person is allowed a credit against the tax imposed in this chapter equal to 100 percent of the costs related to providing maritime trade educational assistance to employees of small businesses who are employed aboard or servicing United States flagged vessels.